$9-$ What does the "forward rate" in the context of interest rates represent?

$($a$)$ The current rate of interest on a bond

$($b$)$ The interest rate agreed today for a loan or investment that will occur at a future date$$

$($c$)$ The rate of interest expected to prevail in the future$$

$($d$)$ The rate of interest on a government bond

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$10-$ Which of the following could cause a steep yield curve?

$($a$)$ Expectations of falling inflation$$

$($b$)$ A future economic downturn$$

$($c$)$ A rapidly growing economy and rising interest rates$$

$($d$)$ A reduction in the supply of government bonds

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